Business Tech

Microsoft Launches Diversity Training Effort

Microsoft CEO Satya Nadella has sent a memo to staff saying all employees will receive expanded training on how to foster an inclusive culture.

Apple Reports Record iPhone Sales

Excitement for Apple's new iPhone 6 and 6 Plus models boosted the company's earnings and revenue well above expectations.

Facebook Sues Ceglia's Law Firms

Facebook is suing several law firms that represented a man who claimed he owned half of the social network and was entitled to billions of dollars from the company and its CEO Mark Zuckerberg.

Marc Andreessen Resigns From eBay Board

E-commerce site eBay said Monday that venture capitalist Marc Andreessen has resigned from its board, less than a month after the company announced a spinoff of its PayPal payments business.

IBM to Pay Big to Unload Chip Division

IBM will pay $1.5 billion to Globalfoundries in order to shed its costly chip division, IBM Director of Research John E. Kelly III said in an interview Monday.

Netflix Shares Sink on Slow Subscriber Growth

Netflix Inc. shares sank Thursday on slower subscriber growth and fears of increased competition ahead.

Insuring Against Loss From Hackers

Cyberinsurance covers companies for costs from data breaches, unexpected computer crashes or shutdowns caused by hackers.

GT to Cut Jobs, Shut Down Arizona Plant

GT Advanced Technologies said it will cut 890 jobs, close an Arizona plant expected to make scratch-resistant screens for Apple, and suggested it could pursue legal claims against the iPhone maker while revamping under bankruptcy.

Despite Tech Degree, Minorities Not Hired

Top universities turn out black and Hispanic computer science and computer engineering graduates at twice the rate that leading technology companies hire them, a USA TODAY analysis shows.

Icahn Renews Push for Apple Shares Buyback

Carl Icahn asked Apple CEO Tim Cook in a letter dated Thursday to give the company's board a plan to meaningfully increase share repurchases.

NSA Tech Spying Hurts Economy: Sen. Wyden

A leading Senate critic of online surveillance says the government's "digital dragnet" doesn't make the country safer, and only hurts the U.S. economy.

Infosys Whistleblower to Name Top Execs

The whistleblower who helped trigger a federal investigation into visa practices by the global outsourcing tech firm Infosys is taking on his former company again in court, and this time he's naming names.

Yahoo to invest in Snapchat

Yahoo plans to invest a part of the proceeds from the Alibaba stake sale in mobile app Snapchat, which lets users send messages that disappear after a few seconds, reports the Wall Street Journal.

GT Advanced Tech Files for Bankruptcy Protection

GT Advanced Technologies, which announced last year that it would supply scratch-resistant sapphire materials to Apple, said Monday it is filing for Chapter 11 bankruptcy reorganization.

Hewlett-Packard Splitting in Two

Hewlett-Packard has announced it is to split itself into two companies, one focused on its personal computer and printing business, and another on technology services.

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